75 US Highway 206 | Stanhope, NJ 07874
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- LoopNet Team
75 US Highway 206
Stanhope, NJ 07874
WAWA C-STORE & GAS | ABS. NET GROUND LEASE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 19+ Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Wawa is located at a signalized intersection on Route 206 and Lackawanna Drive, with visibility to 28k+ vehicles daily. Immediate Access to/from I-80.
- Affluent New Jersey Highlands Community - Serves as a Commuter Hub to Newark and New York City.
- Brand New 2024 High Quality Construction. 24-Hour Convenience Store and Gas Station. This Site Features 12 Fueling Pumps.
- Wawa is one of the Largest Convenience Store Chains in the United States with 1,000+ Locations and Serving more than 800 Million People Annually.
- Located just off Interstate 80 - the Nation’s Second-Longest Highway, which connects San Francisco to NYC.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,900 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.60 AC
Zoning
V-B
Parking
47 Spaces (7.97 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
1 of 1
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